Popular Capital Trust II, 6.125% Cumul Monthly Income Trust Preferred Securities said on April 4, 2023 that its board of directors declared a regular
monthly dividend of $0.13 per share ($1.53 annualized).
Previously, the company paid $0.13 per share.
Shares must be purchased before the ex-div date of April 13, 2023 to qualify for the dividend.
Shareholders of record as of April 15, 2023
will receive the payment on May 1, 2023.
At the current share price of $25.26 / share,
the stock’s dividend yield is 6.06%.
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What is the Fund Sentiment?
There are 4 funds or institutions reporting positions in Popular Capital Trust II, 6.125% Cumul Monthly Income Trust Preferred Securities.
This is unchanged over the last quarter.
Average portfolio weight of all funds dedicated to BPOPM is 0.07%,
a decrease
of 12.11%.
Total shares owned by institutions decreased
in the last three months by 2.57% to 410K shares.
What are Other Shareholders Doing?
PFF – iShares Preferred and Income Securities ETF
holds 392K shares.
In it’s prior filing, the firm reported owning 404K shares, representing
a decrease
of 3.09%.
The firm
increased
its portfolio allocation in BPOPM by 4.57% over the last quarter.
PIAFX – Invesco Multi-Asset Income Fund
holds 4K shares.
In it’s prior filing, the firm reported owning 3K shares, representing
an increase
of 23.16%.
The firm
increased
its portfolio allocation in BPOPM by 27.44% over the last quarter.
PFLD – AAM Low Duration Preferred and Income Securities ETF
holds 14K shares.
In it’s prior filing, the firm reported owning 14K shares, representing
an increase
of 3.32%.
The firm
decreased
its portfolio allocation in BPOPM by 18.66% over the last quarter.
Highlander Capital Management
holds 0K shares.
No change in the last quarter.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
